DCHF

Digital Swiss Franc

DCHF to CHF
Performance
Market capitalisation
Total transaction volume
1D
7D
1M
6M
1Y
All Time

The Digital CHF (DCHF) is a Sygnum settlement token pegged to the Swiss Franc. For every settlement token minted in its client accounts, Sygnum holds the equivalent amount of CHF as collateral in the Swiss National Bank (SNB). As a bank, Sygnum and its products and services are regularly audited.

  • Sygnum’s DCHF is a key component for leveraging the advantages of DLT-based financial infrastructure, including immediate delivery versus payment (T=0) and no counterparty risk, thereby transferring value more efficiently.
  • The settlement token framework and technology developed for Sygnum’s DCHF can be replicated with other major national currencies.
  • This CHF-pegged settlement token was the first to be issued by a regulated Swiss bank with a full digital asset banking suite.

Settlement tokens, also called stablecoins, are digital assets that can be pegged against any national currency. The Sygnum DCHF acts as bridge between other digital assets and fiat currencies, increasing transaction ease and efficiency. Sygnum’s DLT-based DCHF can be transferred in real-time, resulting in almost immediate settlement of transactions and eliminating the need for intermediaries. Employing DCHF in these instances reduces complexity, costs and time, and alleviates counterparty risk. For institutional clients, the Sygnum DCHF is a central component of the digital asset ecosystem that enables the full integration of asset tokens into banking infrastructure.

Disclaimer: The information in this publication pertaining to Sygnum Bank AG (“Sygnum”) is for general information purposes only, as per date of publication, and should not be considered exhaustive. This publication does not consider the financial situation of any natural or legal person, nor does it provide any tax, legal or investment advice. This publication does not constitute any advice or recommendation, an offer or invitation by or on behalf of Sygnum to purchase or sell any assets. No elements of precontractual or contractual relationship are intended. While the information is believed to be from accurate and reliable sources, Sygnum makes no representation or warranties, expressed or implied, as to the accuracy of the information. Sygnum expressly disclaims any and all liability that may be based on such information, omissions, or errors thereof. Any statements contained in this publication attributed to a third party represent Sygnum‘s interpretation of the data, information and/or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Sygnum reserves the right to amend or replace the information, in part or entirely, at any time, and without any obligation to notify the recipient of such amendment / replacement or to provide the recipient with access to the information. Simultaneously, there is no obligation of Sygnum to inform recipients of information, if before provided information later becomes outdated, inaccurate or obsolete, unless otherwise provided by applicable law. The information provided is not intended for use by or distributed to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to the law or regulatory provisions or in which Sygnum does not hold the necessary registration, approval authorisation or license. Except as otherwise provided by Sygnum, it is not allowed to modify, copy, distribute or reproduce, display, license, or otherwise use any content for commercial purposes.

Local restrictions – Provision of cross-border services

It looks like you are using a computer with an IP address located outside of Switzerland.
If you are located in Switzerland, please click “Continue” to access the Sygnum Bank AG (Sygnum) website.

If you are not located in Switzerland, please read below.

This website and the information contained herein are addressed solely to persons residing or domiciled in Switzerland.

Sygnum is a regulated bank supervised by the Swiss Market Financial Authority (FINMA). The products and services on this website are authorised in Switzerland. Sygnum cannot promote its products and services in other countries where it is not authorised by the supervisory authority of that country to do so.

If you click on “Continue” to visit this website, you confirm that you have read and understood the above and you are visiting this website on your own initiative without any active promotion or solicitation from Sygnum.

CONTINUE

Investor qualification

The following content is available to professional and private qualified Swiss investors. Please confirm your details below to visit this page, or please see our other digital asset updates here.

Security alert

Stay alert to fraudulent communications. Sygnum will never post messages on social media or private messaging applications regarding e-banking access or logins. If you have concerns, contact us.

Close